Hertz Controllers Saw $126M In Short-Swing Profits, Suit Says
By Katryna Perera ( February 1, 2024, 6:40 PM EST) -- The controlling shareholders of car rental company Hertz Global Holdings Inc. were hit with an investor suit in New York federal court alleging they realized at least $126 million in short-swing profits by selling their shares shortly before the company's directors greenlit a $2 billion stock repurchase program....
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